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Barge & Barrel

Elland, HX5 9HP

Your investment

£6000

Agreement Type

Tenancy

The Barge & Barrel is a large detached property enjoying a canal side location, on the outskirts of Elland town centre en route to the country side. Elland is a market town in Calderdale in the county of West Yorkshire, south of Halifax, by the River Calder and the Calder and Hebble Navigation system and has a population of approx. 12,000. 

The Barge & Barrel is a large detached property enjoying a canal side location, on the outskirts of Elland town centre en route to the country side. Elland is a market town in Calderdale in the county of West Yorkshire, south of Halifax, by the River Calder and the Calder and Hebble Navigation system and has a population of approx. 12,000.

The building has a traditional pub dimension and is a prominent feature from the roadside, having had a brewery operational many years ago and a solid loyal locals following.

Pub Layout

The operation internally offers a one bar horseshoe style, that links into a lounge area with window seating that overlooks the canal, a small cosy snug/bar with a fire and a large games/pool room area which can be used as a separate function room.

Externally there is a good sized car park, along with a canal side decked seating area, which allows for al fresco dinning.

The pub is a community local which attracts a strong local following of families that hold Birthdays, Weddings and Funerals with historic and sentimental affection for the Barge and Barrel, regularly. The offer is predominantly wet led, but has opportunity to grow food sales.

The successful candidate will have the drive and determination to make the site the leading community local in the area, by driving regular charity events and making the site the area nucleus for family gatherings, along with a great real ale and food offer.

Private Accommodation

The private accommodation consists of four bedrooms, lounge, small office, kitchen diner, bathroom and separate WC.

Annual Rent: £TBC

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:  All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


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